![]() Smith's claim that Quicken was just 2% of Intuit's total would have translated to $14.3 million for the quarter.īut the SEC filing made it easy to see why Intuit was dumping Quicken, or any money-losing product for that matter: Company-wide losses for the October quarter came to $29 million. Overall, the company boosted revenue for the quarter by 17%, to $713 million, and boasted that it had increased the subscriber count of QuickBooks Online by 57% to nearly 1.2 million. User rating, 2.3 out of 5 stars with 23 reviews. ![]() 31, Intuit said that the products it was putting on the block - Quicken, Demandforce and QuickBase - generated $59 million in revenue, a 3% decline from the same period in 2014. Intuit this week released Quicken 2016, the newest version of its 32-year-old personal finance program, even as it is in the midst of trying to sell that part of its portfolio. Quicken - Deluxe Personal Finance (1-Year Subscription) - Mac OS, Windows Digital Model: QUI940800F094. Securities and Exchange Commission (SEC) this week for the quarter ending Oct. The different version provided by quicken is Quicken Starter, Quicken Deluxe, Quicken Premier, Quicken Home & Business. We had to move from trackers to doers, who want to have a reminder, something buzzing in your pocket." "It is just an incredibly loyal customer base, and it solves an important problem for a small group of people, and we want to go out and solve big problems that aren't getting solved well. "It's one of the most iconic brands out there, but it's 2% of our revenue and the customer base hasn't grown for 20 years," Smith told the newspaper, referring to Quicken.
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